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29 Feb 2024, 3:28 pm
Concisely, a dominant current critique is that naïve U.S. elites (academic, business, and policy) confused their hopes for democracy and a globally responsible China with the actual prospects for those desirable ends and, in the process, unwisely traded away American interests, competitive position, values, and national security. [read post]
8 Aug 2023, 3:07 am by SHG
Just as in other areas of recent American life where entire industries were imperiled — banks, the auto industry — this crisis requires federal intervention. [read post]
29 Oct 2021, 9:01 am by Kristian Soltes
District Court for the District of Columbia, lead class lawyers at Hagens Berman Sobol Shapiro, Quinn Emanuel Urquhart & Sullivan and Mehri & Skalet said Bank of America NA agreed to pay $26.4 million, Wells Fargo & Co will pay $20.8 million, and JPMorgan Chase & Co will pay $19.5 million. [read post]
29 Oct 2021, 9:01 am by Kristian Soltes
District Court for the District of Columbia, lead class lawyers at Hagens Berman Sobol Shapiro, Quinn Emanuel Urquhart & Sullivan and Mehri & Skalet said Bank of America NA agreed to pay $26.4 million, Wells Fargo & Co will pay $20.8 million, and JPMorgan Chase & Co will pay $19.5 million. [read post]
30 Jul 2021, 8:29 am by Ram Eachambadi | JURIST Staff
The court granted the IRS permission to serve “John Doe” summonses on 10 entities including Federal Express Corporation and its affiliates, DHL Express, UPS, the Federal Reserve Bank of New York, The Clearing House Payments Company LLC, HSBC Bank USA, Citibank NA, Wells Fargo Bank NA, and Bank of America NA. [read post]
4 Jun 2020, 7:30 am by Kristian Soltes
BofA Accused of Soaking Cardholders With Autopay OptionsLaw 360 – June 3, 2020 (subscription required) Bank of America NA was hit with a proposed class action Wednesday alleging the financial giant tricks its credit card holders into choosing the highest interest option for their monthly payments, in violation of debt collection law. [read post]
21 May 2019, 10:25 am
”  In a kinder, gentle and more naïve world, we might buy the notion that big corporations don’t fixate on maximizing profits, share prices¸ regulator capture and free reign. [read post]
21 May 2019, 10:25 am
”  In a kinder, gentle and more naïve world, we might buy the notion that big corporations don’t fixate on maximizing profits, share prices¸ regulator capture and free reign. [read post]
15 May 2019, 6:00 am by Guest Blogger
The precise meaning of this normative America is somehow hidden beneath the surface of politics, encoded in a message from the past. [read post]
23 Apr 2018, 12:20 pm by Joe Consumer
[For example, there's] a 1979 document prepared by the Asbestos Information Association of North America (AIA/NA) and their demand that OSHA retract a news release. [read post]
31 Dec 2017, 5:12 pm by Wolfgang Demino
TOPCIS: federal-preemption, MIDLAND-FUNDING-LLC, National-Bank-Act, predatory-lending-issue, usury – posted 12/12/17Rich Reister vs. [read post]
17 Dec 2017, 3:28 pm by Wolfgang Demino
The account ended up being owned by FIA Card Services, a wholly owned subsidiary of Bank of America Corporation, and the transfer transaction was in the nature of a merger, not an asset sale to a third-party national bank.BANK OF AMERICA - FIA CARD SERVICES N.A.MERGER HISTORYWhile the sale to Midland Funding, LLC was an asset sale (portfolio sale), the transfer of the credit card account to FIA was not, at least not to an unrelated third-party. [read post]
22 Aug 2017, 1:29 pm
It is more than 12 times the size of the Marshall Plan, America’s post-World War II initiative to aid the reconstruction of Western Europe’s devastated economies. [read post]
19 Mar 2017, 8:58 am
Notwithstanding the absence of empirical evidences, it would be naïve to assume that SWFs never make politicized capital allocations. [read post]
26 Sep 2016, 5:36 am by Simon Lester
This is yet another case in which Corporate America wins, but Mr. and Ms. [read post]
2 Feb 2016, 1:15 pm
  In the most recent case, on 7 January 2016, the Norges Bank decided to exclude the Chinese company ZTE Corporation, one of the world’s five largest producers of telecommunications equipment and network solutions, from the investment universe of the GPFG. [read post]